【11/21】Total of 24.9 pips gained! ~Wave 1 from the W bottom (divergence)~
Hello! I’m Saki, a wave trader (@skiym_aaa).@skiym_aaaI left the company I joined as a new graduate after three years and am now a full-time trader.
My trading style is day trading,
and I trade every day aiming for the third wave of the Elliott Wave.
Now, let’s quickly look at the Elliott Wave that occurred yesterday (11/20)!
★ USD/JPY 1-minute chart Night (19:15)24.9pips gained!
※ Fibonacci retracement is drawn from the end of Wave 1 toward the origin.
- Entry basis (Wave 1 confirmation) ➡ Break of the retracement high
- Entry ➡ After a 61.8% Fibonacci retracement, a MACD golden cross
- Take profit ➡ 100% Fibonacci (8.6 pips) and 161.8% Fibonacci (16.3 pips)
- Stop loss ➡ 23.6% Fibonacci
- Point ➡Divergence is occurring.
From the double bottom (divergence) to a trend reversal and Wave 1.
Although not written on the diagram, there is also a clear divergence with the low around 9 o’clock.
Well then, see you tomorrow!
【Blog】
↓ I publish my own trading results and the method of “Wave Trading” explained here!
“How a NEET started at 25”
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